First Trust Materials AlphaDEX Fund
FXZ
66 hedge funds and large institutions have $208M invested in First Trust Materials AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
3% more funds holding
Funds holding: 64 → 66 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
2.75% less ownership
Funds ownership: 66.4% → 63.65% (-2.8%)
6% less capital invested
Capital invested by funds: $221M → $208M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.32M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.66M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$2.3M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.97M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.57M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8.35M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$7.44M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$6.45M |
FXZ Hedge Fund Activity: Q4 2016 in Review
66 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2016, worth a combined $208M — down 5.8% from $221M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FXZ positions and 13 closed out — a net gain of 3 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.5M. The largest seller was Hays Advisory, cutting an estimated $9.97M.
- 66 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2016, up from 64 in Q3 2016.
- Funds reported $208M of First Trust Materials AlphaDEX Fund stock for Q4 2016, down 5.8% quarter-over-quarter.
- 16 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2016 and 13 closed out, a net change of +3 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2016 was Morgan Stanley, an estimated $14.5M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2016 was Hays Advisory, an estimated $9.97M sold.
Based on aggregated 13F filings for Q4 2016.